Bighorn,

Around south TX, most Model 12 "plain jane" shotguns that ACTUALLY "change owners" for 250-300.oo. = The "better grades", NOT surprisingly sell for considerable more.
(The "asking price" is MEANINGLESS, if nobody is willing to pay it. = One LGS here has a similar Model 12 that they are asking 400.oo plus tax for & though numerous people have looked at it, in more than a year, with NO TAKERS.)

Btw, I'm seeking a similar "plain jane" Model 37 Ithaca of that sort, to cut-down into a more handy length.. - I'm a left-handed guy.

yours, tex